Philippines Asks Bangladesh for Probe Results In Banking Cyber Heist

(Bloomberg) -- The Philippines asked Bangladesh for the results of its investigation into a $81 million cyber heist as it commits to help the Bangladesh central bank recover stolen reserves, Finance Secretary Carlos Dominguez said in a statement.

Dominguez and other Philippine officials met last week with a high-level delegation from Bangladesh, led by Anisul Huq, the south Asian nation’s Minister of justice. The delegation thanked the Philippine government for helping in the return of $15 million of the funds stolen by hackers in February from the Bangladesh Bank, and which found its way to the Philippines, the Department of Finance said in a statement.